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Drugs, death and a bad market: Even the feds aren't immune to the woes of Detroit real estate (Minneapolis-St. Paul Star Tribune)DETROIT - Federal prosecutors twice pursued a former autoworker suspected of running a multimillion-dollar drug operation. The first attempt fizzled when Clarence Carson died shortly after an indictment. The second? Blame it on the collapse of Detroit's real-estate market.
International Real Estate Portal LoftyVistas.com Re-Launched With New Look and Feel and Housing Over 40,000 Property ... (PR Newswire via Yahoo! Finance) Due to the ongoing market conditions, credit crisis, and downturn in the economies around the world, many real estate investors are hunting for cheap overseas properties. This is an opportune time for real estate bargain hunters.
Real estate sector forced to reassess (Zawya)From commercial space in Saudi Arabia to upmarket residential complexes in Bahrain, real estate markets across the region are feeling the shocks of the global economic crisis.
Treat Florida Commercial Real Estate as an Investment Option (Turks.US)Florida is a very desirable place for real estate, investors? finds the state a mining area for real estate investing and when it comes to investing people often looks at it as a task.
More bad news expected for Chinese real estate (International Herald Tribune)A government rescue plan, which focuses on low-income housing, is not expected to help major developers who had profited before China's real estate bubble burst.
Four Industry Greats Form National Real Estate Consulting Firm - Gallin Glick Sullivan OKeefe (Business Wire via Yahoo! Finance) NEW YORK----Real estate industry giants Henry Gallin, Michael Glick, Frank Sullivan and Ray O?Keefe announced the formation of a new national consulting firm that will help investors, lenders, corporate users, owners, government agencies and service companies formulate and execute real estate strategies to resolve challenges and take advantage of opportunities in today?s market.
Tokyo Replaces Shanghai as Best Asian City to Buy Real Estate (Bloomberg)Dec. 4 (Bloomberg) -- Tokyo overtook Shanghai as the best Asian city to buy real estate as investors seek less risky investment for 2009, a survey by the Urban Land Institute and PricewaterhouseCoopers LLP showed.
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